The phone that is being sold for Rs 27,200 in India will be available for Rs 21,999 on the e-commerce site for a flat 19% off.

Flipkart said that the sales package of the phone would include, “Handset, Apple EarPods with remote and mic, lightning to USB cable, SB Power adapter and documentation.”

The red and gold variant iPhone SE complete with 32GB storage space can also be bought at a flat Rs 5201 off. However this offer the company said is available only till stock lasts and can be availed on certain brands and products only.

An additional 5% off is being offered to Axis Bank Buzz Credit card holders.

However the most attractive deal of the lot is that Flipkart is offering Rs 20,000 off on its ‘Buy with Exchange’ offer for the iPhone SE which released in India in April last year.

The only phone that can be exchanged with this offer is Apple’s iPhone 7.

If customers wish to avail of this discount they would end up paying just Rs 1,999 plus Rs 100 for ‘pick up charges’ amounting to a total of Rs 2,999.

The iPhone 7 was released with much fanfare in September 2016 along with ‘AirPods’ sold separately and its 32GB variant was made available at a starting price of Rs 60,000.

It was also available in Silver, Gold, Rose Gold, Black colour options in 32GB, 128GB and 256GB storage variants.

Higher storage variants of 128GB and 256GB variants were available in Jet black colour only.